Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Splunk (NASDAQ:SPLK) is the latest technology firm to announce layoffs, with plans to reduce ~4% of its global workforce, mostly in North America, as part of a reorganization to optimize its ...
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
Sales growth accelerated slightly in Q1, but earnings fell. Warner Music is aiming to boost profit margins over time. Tuesday's decline was sparked by a quarterly earnings report that showed ...
Warner Music posted better-than-expected fiscal second-quarter results as revenue was in line and adjusted EBITDA was ahead of FactSet consensus. However, shares fell by over 9.5% as streaming ...
Adjusted OIBDA margin increased by 50 bps to 20.4%. Adjusted EPS of $0.20 beat the consensus of $0.18. Warner Music used $(6) million in operating cash flow and held $601 million in cash and ...
Dechert has become the latest firm to cut attorneys and staff, confirming Tuesday that it had started a process it expects to impact approximately 5% of its global ... in a 4% dip in the firm ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
Looking at the earnings, Warner’s quarterly revenues grew 4.6% over the same previous-year period to $1.39 billion in the first three months of 2023, which were also Kyncl’s first three months ...
